Michael Cohn, editor-in-chief of AccountingToday.com, has been covering business and technology for a variety of publications since 1985. Prior to joining Accounting Today and WebCPA, he worked for Red Herring, Internet World, Beyond Computing, Accounting Technology and PC Magazine, and freelanced for a variety of other business publications. A graduate of the University of Pennsylvania with a BA in English, he studied accounting at the Wharton School of Business, and currently lives in New York City.
-
The IRS and the Treasury released interim guidance on a special depreciation allowance for qualified production property under the One Big Beautiful Bill Act.
February 23 -
The American Institute of CPAs is asking the Treasury and the IRS for further guidance on the rules for deducting domestic research and development expenses.
February 20 -
The Securities and Exchange Commission is making extensive changes in auditing and accounting as it continues to deregulate under the Trump administration.
February 20 -
Citing Congress' authority to levy taxes and tariffs, the Supreme Court ruled against President Trump's sweeping tariffs in a landmark 6-3 decision.
February 20 -
The Treasury Department released interim guidance on the corporate AMT, further restricting the reach of the 15% tax on billion-dollar corporations.
February 18 -
The Financial Accounting Standards Board's recent income tax disclosure standard is revealing that many prominent U.S. multinationals are paying far more corporate taxes in other countries than at home, according to a new analysis.
February 18 -
While most taxpayers tend to procrastinate on doing their taxes, they're even more hesitant to trust artificial intelligence to do their taxes for them.
February 18 -
The Bonadio Group is making greater use of artificial intelligence as AI makes further inroads in the accounting profession as well as other industries.
February 17 -
The Institute is asking the Treasury and the Internal Revenue Service to simplify the "determine and document" requirement for taxes charged to CFCs.
February 16 -
The Joint Chiefs of Global Tax Enforcement issued a pair of advisories on how OTC crypto trading desks and payment processors can hide criminal activity.
February 16 -
Two of our longtime cherished colleagues at Accounting Today have passed away: Roger Russell and Jeff Stimpson.
February 13 -
The IRS and Treasury plan to propose regulations restricting energy-related tax credits when "prohibited foreign entities" provide material assistance.
February 12 -
Small business owners are losing the equivalent of 33 working days a year due to financial stress, according to a report from Xero.
February 12 -
The Association of Certified Fraud Examiners has partnered with Grant Thornton to help organizations uncover fraudulent activity and avoid financial losses.
February 12 -
The Top 50 Firm based in Atlanta is absorbing three acquisitions it made last year while planning on future dealmaking.
February 11 -
The Internal Revenue Service improperly disclosed confidential taxpayer information on immigrants to the Department of Homeland Security.
February 11 -
Demetrios "Jim" Logothetis was sworn in as chair along with two new board members, Mark Calabria and Steven Laughton, just over a week after they were named.
February 10 -
The Senate blocked a resolution that would have disapproved of recent guidance from the Treasury Department weakening the corporate alternative minimum tax.
February 10 -
The Internal Revenue Service made only limited progress in scanning a tiny fraction of paper-filed returns last tax season, according to a new report.
February 10 -
The Internal Revenue Service has awarded a contract to PSI Services to develop and administer the examination for Enrolled Agents to earn their tax credential.
February 10
